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 > Rising fuel, will it be any different this time?

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georgelesley

Tennessee

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Posted: 03/10/22 05:24am Link  |  Print  |  Notify Moderator

schlep1967 wrote:

[email protected] wrote:

When we sold our diesel motor home and went back to a fiver, I had several offers to sell my Fiesta hatchback since it was set up for the tow vehicle. I almost did a couple of times since used car prices are so high. BUT I didn't------now I have to figure out how to mount my fiver hitch on the roof without scratching the paint. The Fiesta gets 40 mpg. It will pull it right??[emoticon]

It will pull it downhill and stop it going uphill. Plan your trip carefully....


that is the best advice I have seen in a long time!! LOL


George 20 yr USAF & Lesley

Dog Trainer

Hoilland. Mi.

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Posted: 03/10/22 09:45am Link  |  Print  |  Notify Moderator

I see 2 major changes that will affect RV travel going forward.
Now that Covid seems much less of a factor. I think the younger crowd will go back to seeking hotels. motels .B&B etc... they have found out that traveling and setting up an RV takes a little more time effort and skills. I think there will be a glut of entry level to moderate level RVs for sale.
the second change I see is for those who have underestimated the cost of being on the road both full and part time. not having enough funds to pursue a comfortable lifestyle on the road takes the fun out of traveling. I think we are fast retuning to a buyers market.


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roostonu

N. Cal.

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Posted: 03/10/22 10:28am Link  |  Print  |  Notify Moderator

I was trying to sell a diesel truck in 08 and I watched the blue book go down $1000 a month. It took me 6 months to sell it and then diesel prices started dropping and the month after I sold it the KBB went up $1000.

I recently bought a used RAM (got an excellent deal from Private Party) and did my search through Autotrader. I was searching 2010-2012 3500 diesel RAMs and have kept the search live so I get emails almost daily of new listings within my search or new prices of older listings. In less than a week, the same trucks that were listing at $43-$44k are now listing as "reduced" at $35-$36k. I predict the market will be flooded with used diesel trucks very soon.

MARKW8

Akron OH

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Posted: 03/10/22 01:09pm Link  |  Print  |  Notify Moderator

RetiredRealtorRick wrote:

Seems like 'we're' preventing any and all oil production in the Arctic National Wildlife Refuge. For the love of Pete, it's ONLY a 19.8 million acre site but 'we' oppose drilling on just 2000 acres (about 1/100 of one percent of the Refuge)... that's 1/100th OF 1%.

The US hasn't opened a new refinery since 1975 and about 36 have been forced to close since 1980 due to too many rules and regulations.

Oh yes, and Covid is certainly to blame for just about everything (I ran out of Cheerios this morning -- I blame Covid).

[emoticon]

I just googled us refineries. Since 1980 it shows 11 refineries coming online.
Mark

Grit dog

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Posted: 03/10/22 01:34pm Link  |  Print  |  Notify Moderator

Dog Trainer wrote:

I see 2 major changes that will affect RV travel going forward.
Now that Covid seems much less of a factor. I think the younger crowd will go back to seeking hotels. motels .B&B etc...


You meant, now that paranoia is much less of a factor.


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RetiredRealtorRick

St. Augustine Beach, FL

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Posted: 03/10/22 02:59pm Link  |  Print  |  Notify Moderator

MARKW8 wrote:

RetiredRealtorRick wrote:

Seems like 'we're' preventing any and all oil production in the Arctic National Wildlife Refuge. For the love of Pete, it's ONLY a 19.8 million acre site but 'we' oppose drilling on just 2000 acres (about 1/100 of one percent of the Refuge)... that's 1/100th OF 1%.

The US hasn't opened a new refinery since 1975 and about 36 have been forced to close since 1980 due to too many rules and regulations.

Oh yes, and Covid is certainly to blame for just about everything (I ran out of Cheerios this morning -- I blame Covid).

[emoticon]

I just googled us refineries. Since 1980 it shows 11 refineries coming online.
Mark


I apologize, I should have been more clear in my statement. I was referring to refineries with significant production.

Check out the capacities of those newer refineries. The newest refinery with significant downstream unit capacity is Marathon's facility in Garyville, Louisiana. That facility came online in 1977 (not 1975 -- again, my error) with an initial atmospheric distillation unit capacity of 200,000 b/cd, and as of January 1, 2021, it had a capacity of 578,000 b/cd.


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wa8yxm

Davison Michigan (East of Flint)

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Posted: 03/10/22 03:19pm Link  |  Print  |  Notify Moderator

ferndaleflyer wrote:


I don't depend on Social Security or Medicare but it was funny how they bragged about how large the increase in SS was then they took half of the increase for Medicare.


Half? You must get a whole lot more SS than I do. they took all but about a dollar. as I recall.. Beyond that I get political so I'll stop here.

As for fuel prices
Someone did an "inflation adjustment" and the 2008 peak, adjusted to today's inflation level. would be something like 5.29/gallon

So all these yocals yammering "Record prices" are off by about a dollar. (not sure of the 29 cents part might have been higher.. I did not personally do the math)


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after a semi "nicked" it. Still have the radios
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valhalla360

No paticular place.

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Posted: 03/10/22 08:05pm Link  |  Print  |  Notify Moderator

I'm confused. Do people not include an inflation factor when planning for retirement? I know I have one built in to our plans.

Now, if we were 5-6yrs into 7-8% inflation, the inflation factor I'm using might get overwhelmed but 1 yr it won't make much of a difference.


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Edd505

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Posted: 03/10/22 09:22pm Link  |  Print  |  Notify Moderator

[image]


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ferndaleflyer

everywhere

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Posted: 03/11/22 08:01am Link  |  Print  |  Notify Moderator

Arrived at Myrtle Beach yesterday. Diesel is $4.76 a gal here. $.50 less than at home, and this is a tourist area!

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